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Route to RESS

Cornwall Insight Ireland have developed “Route to RESS”, a package of services that deploys insight to help participants navigate the auction process. The scheme is vital in achieving 70% renewables by 2030, delivering up to 3TWh in the first auction is due to be held in June 2020. Given the high level of competition anticipated in the first RESS auction, a thorough understanding of the auction process is essential.

Service overview

In order to achieve 70% renewables by 2030 as outlined in the Climate Action Plan, up to 30TWh of renewable generation will be required by the end of the decade. To deliver this, the Irish government has developed the Renewable Energy Subsidy Scheme (RESS), which represents a big change for Ireland’s renewable industry, as it moves away from a fixed subsidy (REFIT scheme) to a competitive auction approach. The RESS scheme is vital in achieving 70% renewables by 2030, and the first auction, due to be held in June 2020 will deliver up to 3TWh of renewable energy.

Given the high level of competition anticipated in the first RESS auction, a thorough understanding of the auction process is essential. Our Route to RESS service deploys insight to help participants navigate through the auction process. It comprises a set of interconnected and high value insights, including; A how-to webinar, prequalification forum, route to market classroom training, networking event, auction guide, webinar and results forum. With new entrants, strong competition likely and key details of the RESS scheme still in the air, we will work with you to provide the key insights and understanding to succeed in the auction.

Route to RESS Benefits:

  • A clear and concise overview of the key touch points that an organisation will need to be aware of in order to prepare for the auction
  • Guidance to successfully create the bid strategy that suits your business
  • Access to our experts who will provide insight and guidance through the auction process
  • Opportunity to engage in intelligent sharing of issues and solutions with industry peers

Purchase before 9 March 2020 and receive the full service suite for 15% discount price of €4,599. 

The package can be tailored to your needs, for a quote please contact Ruth at r.young@cornwall-insight.ie or on +353 1 657 3420.

Service specification

Service elements

Setting the scene

Webinar | A how-to guide to the RESS-1 auction
Explains main characteristics of the RESS and demystify the steps required to become a successful participant in first RESS (RESS-1) auction.

Qualification 

Forum | AddRESSing Qualification
Independent industry platform to exchange views and discuss common issues and concerns relating to RESS prequalification and provide access to our experts.

Webinar | Making progRESS: Post qualification outlook
Reviews the provisional qualification results and bid bond obligations as well as explore the preconditions for bidding in more detail.

Auction preparation

Guide | Simply the RESS
Enabling participants to successfully create the bid strategy that suits their business.

Training | Negotiating a PPA in the SEM
Designed to inform you on your route to market options and equip you with the knowledge to negotiate a PPA to suit your needs.

Event | Network PPA
Engage with all parties involved in a PPA. Intended to facilitate dialogue between developers, offtakers and advisors to help you find a route to market solution that meets your needs.

Next steps

Forum | RESSults
Discuss the results of the first auction and the obligations for successful applicants with our experts and industry peers.

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